NOT LISTED FOR SALE

718 Cyprus Cove Dr Auburn, AL 36830

Estimated Value: $418,000 - $462,000

3 Beds
2.5 Baths
1,948 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $435,246 $223 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,667/month

10 Days on Market

Highlights

  • Engineered Wood Flooring
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Auburn Junior High School Rated A
  • Attic
  • 1 Car Attached Garage

About This Home

As of June 2024

HIGHLY PROFITABLE AIRBNB + STUDENT HOUSING APPROVED! Discover the potential of this 3 bedroom, 2.5 bathroom newly constructed townhome located near the Auburn airport. Over the last year, this property has generated $77,202 in revenue, with an average monthly income of $6,433, and maintained a 52% occupancy rate. Like its neighboring properties, it is approved for both student and short-term housing, offering unique flexibility in a competitive market. The home is fully furnished with high-quality pieces, valued at $45k, all included in the sale. Its location on the Tiger Transit route provides easy access to university events, downtown Auburn, and campus life. Future bookings are already in place, highlighting its ongoing appeal.

Last Agent to Sell the Property

CHRIS KEARNS

ROOTS REAL ESTATE INVESTMENT & DEVELOPMENT License #81423 Listed on: 05/17/2024

Last Buyer's Agent

Lori Fuller

EXP REALTY - SOUTHERN BRANCH License #120860

EXP REALTY - SOUTHERN BRANCH

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 2021

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Cement Siding

Interior Spaces

  • 1,948 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Home Security System
  • Attic

Kitchen

  • Oven
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Dean Road/Wrights Mill Road Elementary And Middle School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Built by Holland Homes
  • Cyprus Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-08-28-1-000-015.000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,771

Year Built

Built in 2021

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Subdivision Name: CYPRUS COVE
  • Directions: From Glenn & Dean, head East on Glenn, past the East University Drive intersection. Turn left (North) on Airport Road and continue for about 1/3 mile. The Cyprus Cove townhome neighborhood will be on your left, Unit #703 will be the second unit on the left.
  • Above Grade Finished Sq Ft: 1948.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: 1-5
  • Year Built: 2021
  • Special Features: None
  • Stories: 2
  • Year Built: 2021

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Oven, Refrigerator, Stove, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Plank, Simulated Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Primary Downstairs, Pantry, Window Treatments, Attic
  • Living Area: 1948.0
  • Main Level Bathrooms: 1
  • Window Features: Window Treatments

Exterior Features

  • Fencing: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Disclosures: Covenants/Restrictions Disclosure, HOA Disclosure
  • Builder Name: Holland Homes
  • Construction Type: Cement Siding
  • Exterior Features: Storage
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, One Car Garage

Utilities

  • Security: Security System
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Water Available

Condo/Co-op/Association

  • Amenities: None
  • Association Fee: 135.0
  • Association: Yes

Schools

  • Elementary School: DEAN ROAD/WRIGHTS MILL ROAD
  • Middle Or Junior School: DEAN ROAD/WRIGHTS MILL ROAD

Lot Info

  • Parcel #: 09-08-28-1-000-015.000
  • Zoning Description: CDD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3770.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2022
Sold by
Holland Homes Llc
Bought by
Park Property Holdings I Llc
Current Estimated Value
$442,140
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Park Property Holdings I Llc $363,735 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $435,246 0.0% $223 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $435,246 -- $223 / Sq Ft
Source: Lee County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,873 $71,724 $9,000 $62,724
2023 $3,873 $66,668 $9,000 $57,668
2022 $1,609 $59,586 $9,000 $50,586
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lee County Association of REALTORS®

MLS Number: 169969

APN: 09-08-28-1-000-015-000